All the Dems can do is temporarily "patch" a failed tax policy that they themselves instituted back in the sixties. One compromise, given that there's no way a Dem will do away with it: index it to inflation. Sure, it might be "unpaid-for," but so is the rest of the pork-fest otherwise known as the stimulus bill.

11:40 am February 11, 2009

DMB wrote:

The AMT allowed Republicans to claim they were lowering taxes and spending money under the guise of market stimulation. Without it, there could be real tax cuts and both sides would have to be more transparent with their rehtoric.

12:21 pm February 11, 2009

The Underaker wrote:

Now that is a scary picture!

1:19 pm February 11, 2009

Tom McG wrote:

For folks in high property tax and income tax states, this has to be done. index to inflation after adjustment for the last 2 decades

9:40 pm February 11, 2009

Lar wrote:

Future, permanent AMT fix will be higher regular taxes.

9:45 am February 12, 2009

Foolscap wrote:

I like the AMT. It tends to fall heavier on richer people in high-tax Democratic-controlled areas and thus allows them to pay the high taxes they love so much (when other people pay). It's also a flatter tax than the regular code, so I'd say expand it year-by-year to lower incomes and phase out the regular tax.

2:47 am February 13, 2009

Steve wrote:

The problem with the AMT is its inflation adjustment, or lack thereof. What was initially meant as a way to assure high income taxpayers actually paid tax has begun to expand its reach to truly middle income taxpayers due to a lack of actual inflation adjustment. Its initial flat tax of 26% or 28% was initially a lower tax rate than the actual taxable rate bracket many of the people it affected were in but because more and more people are affected each year it is taking people in lower tax brackets and taxing some of their income at a higher percentage than they are charged normally.

4:48 pm February 16, 2009

amt hater wrote:

i get hit every year and am not the wealthy. with the AMT i pay 25 cents on every dollar earned (not marginal) and take the state tax bringing me to 30 cents for every dollar I earn before all the other taxes. stimulus forget about it. whose going to pay for my retiremente and my kids college? me but i can't spend money to stimulate anythign. this was not the america of my family in past generations or what i grew up on (now 48 years old). kick out all of the Dems or should I say socialists/marxists!

12:31 pm April 11, 2014

http://cnmedia.fr/new.php?product=prix-christian-louboutin wrote:

Highlands, Vietnam, June 1969.

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